Norges Bank meeting —

At its 14 August 2025 meeting, the Norges Bank held its policy rate at 4.25%.

Decision

hold — 4.25% to 4.25%

Key passages

Norges Bank’s Monetary Policy and Financial Stability Committee decided to keep the policy rate unchanged at 4.25 percent.

Rate maintained as expected, no surprise.

if the economy evolves broadly as currently envisaged, the policy rate will be reduced further in the course of this year.

Signals continued easing later in 2025.

Meeting documents

Background reading

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